This listing courtesy of Thomas Hedlund , Better Properties Grays Harbor
$1,118,000

517 Emerson Avenue, Hoquiam, WA 98550

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 8.5% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. Two units, one 2 bedroom and 1 one bedroom could have floorplan changed to add a bedroom to each for increased cash flow.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 12:21AM
Listing Office:
Better Properties Grays Harbor : 360-470-0354
Listing Agent:
Thomas Hedlund : 360-470-0354
MLS ID:
2486273
  • Flooring: LaminateCarpet
  • A/C: None
  • Heating: Wall Unit(s)
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: Parking spaces: 7
  • Roofing: Composition
  • General: 55 - 5-9 UnitsPillar/Post/Pier
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Hoquiam
  • County: Grays Harbor
  • Zoning: 053400701300
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Thomas Hedlund , Better Properties Grays Harbor

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Elementary School

310 Simpson Ave, Hoquiam, WA, 98550

Grades 4-5

0.10 miles away

H

Hoquiam Middle School

200 Spencer St, Hoquiam, WA, 98550

Grades 6-8

0.68 miles away

H

Hoquiam High School

501 W Emerson Ave, Hoquiam, WA, 98550

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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